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this is the biggest attack since the 2008 attacks blamed on pakistan based militants. they say one glass was at a bus stop in the crowded neighborhood. the others were at the jewelry markets, a very business the district. >> the bombs exploded at the height of the evening rush hour. within the space of 10 minutes, they ripped through three busy district. won a famous jewelry market that draws crowds of shoppers. it is believed that the perpetrators planted the explosives on scooters and motorcycles. one of the bombs was hidden inside of a car. >> about 6:45 p.m., within minutes of each other. this was a coordinated attack by terrorists. >> there was an immediate claim of responsibility. they believed the bombs were improvised devices. so far, they have refused to blame any groups. at the united nations, the german foreign minister expressed his shock. >> i condemn these horrible acts of terror. our condolences are with the families and with their friends. of the victims. the perpetrators must be brought to justice. >> bomb by has repeatedly been a terrorist target. las
this is the biggest attack since the 2008 attacks blamed on pakistan based militants. they say one glass was at a bus stop in the crowded neighborhood. the others were at the jewelry markets, a very business the district. >> the bombs exploded at the height of the evening rush hour. within the space of 10 minutes, they ripped through three busy district. won a famous jewelry market that draws crowds of shoppers. it is believed that the perpetrators planted the explosives on scooters and...
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Jul 14, 2011
07/11
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. >> pakistan is about to pass france as the fifth greatest nuclear power in the world and they're on a hair trigger. there's no hot line between india and pakistan, only last week, diplomats from both countries meeting out at stanford university trying to talk about establishing a hotline. so unlike the cold war, there is no communication, they could have an accident. this time india has said in the past that they were restrained three years ago when it was proved that pakistan was behind the attack, they were restrained by the u.s., by the rest of the world, they did not retaliate. this time most likely they would. only a couple of days ago i was talking to a prominent indian diplomat saying i could not persuade any country not to attack if this happened again. and now it potentially is happening again. it could be an indian group, officials don't know here or in india. just tonight, the head of pakistani intelligence is meeting with the acting head of the cia here in the u.s. that was previously set up because of growing tension between the two countries, between us and pakistan, b
. >> pakistan is about to pass france as the fifth greatest nuclear power in the world and they're on a hair trigger. there's no hot line between india and pakistan, only last week, diplomats from both countries meeting out at stanford university trying to talk about establishing a hotline. so unlike the cold war, there is no communication, they could have an accident. this time india has said in the past that they were restrained three years ago when it was proved that pakistan was...
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Jul 14, 2011
07/11
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mumbai since 2008, more than 160 people were killed in 60 hours of terror claimed the militants based in pakistan. these latest bombs have been described as relatively crude and possibly the work of local militants. whoever is behind it shows that the largest city is still vulnerable. >> we have been to the site of one of the explosions and this is the report. >> this is one of three locations where explosions have taken place in mumbai. just behind this police cordon, a bus stop where a vehicle packed with explosives was located and detonated. this along with two other blasts in the city took place in peak time in russia. in highly densely populated areas. lots of traffic are around. we are hearing as many injuries. they have been taken to local hospitals. the leaders have been coming to this area and said that the priority is to make sure that the injured were taken care of and treated. this is unclear as to who is behind these attacks exactly what has taken place and whether there is any correlation to those attacks that took place in 2008 and five years ago. >> that the venezuelan president h
mumbai since 2008, more than 160 people were killed in 60 hours of terror claimed the militants based in pakistan. these latest bombs have been described as relatively crude and possibly the work of local militants. whoever is behind it shows that the largest city is still vulnerable. >> we have been to the site of one of the explosions and this is the report. >> this is one of three locations where explosions have taken place in mumbai. just behind this police cordon, a bus stop...
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Jul 14, 2011
07/11
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the cheapest city to live in, we have to go to karachi, pakistan. they're about one-third cheaper than living in lowanda. >>> we have to go to break. >>> welcome back. you're watching "world business today" on cnn from rome and hong kong. >>> well, deals can be made, deals can be broken, then sometimes you just get lucky. euro millions is a lottery played across western europe. it week, the jackpot was worth the best part of $258 million. and just one lucky winner landed that windfall. unsurprisingly, they're keeping a low profile but we do know they're from the uk. and get this, the winnings are not taxed. there are no capital gains on this. it's all theirs to keep. that's really good luck. with so many state assets being sold off to help pay back europe's eye watering debt, we were wondering and trying to get creative. what could you buy with all of those millions? $9 million could buy you a private 1,000 acre island in greece. you'd be helping greece pay back some of the $400 billion that it owes. now, china has leased the container terminals at
the cheapest city to live in, we have to go to karachi, pakistan. they're about one-third cheaper than living in lowanda. >>> we have to go to break. >>> welcome back. you're watching "world business today" on cnn from rome and hong kong. >>> well, deals can be made, deals can be broken, then sometimes you just get lucky. euro millions is a lottery played across western europe. it week, the jackpot was worth the best part of $258 million. and just one lucky...
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in pakistan. the us is within reach of defeating al qaida and eliminating ten to twenty top militants will cripple the group for good that was the statement from the new us defense chief leon panetta and his military contributor he's getting who shall believe the shell's banana's taken to the post with a clear vision of the threats facing the us. for every pentagon observer there reasons always a special moment when the result change of guard at the puzzle palace as the pentagon is widely known in a narrow circle of professionals so it was the particular event. has reincarnating in his new capacity as the military chief during his first interview in his new capacity he pointed to the troika all of them multiple challenges to the united states national security emanating from pakistan yemen and somalia he is clear cut vision deserves full support both within and outside the united states it was just a pity that some of the u.s. media commissariat try to spoiled his new vision when after the meeting
in pakistan. the us is within reach of defeating al qaida and eliminating ten to twenty top militants will cripple the group for good that was the statement from the new us defense chief leon panetta and his military contributor he's getting who shall believe the shell's banana's taken to the post with a clear vision of the threats facing the us. for every pentagon observer there reasons always a special moment when the result change of guard at the puzzle palace as the pentagon is widely known...
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in pakistan town after a business of date with dmitri stay with us. thanks marina hello and good morning to you you're with business r.t. ratings agencies like standard and poor's and moody's have become the subject of vicious attacks from politicians across europe agencies claim to have to give an independent assessment of credit worthiness of countries but they've been blamed for helping cause the crisis by stirring up a lot however some analysts suggest this means they're doing a good job. the ratings agencies quite justifiably came in for a lot of criticism during the global financial crisis they were accused of being over up to a mistake they were taking some fairly generous assumptions about ability to repay there were sometimes overlooking some fairly fatal flaws in some derivative structures and it's fair to say i think most reasonable people would agree that perhaps the ratings agencies did contribute to the global financial crisis however i think there's been a notable improvement in standards over the course of the last two or three years a
in pakistan town after a business of date with dmitri stay with us. thanks marina hello and good morning to you you're with business r.t. ratings agencies like standard and poor's and moody's have become the subject of vicious attacks from politicians across europe agencies claim to have to give an independent assessment of credit worthiness of countries but they've been blamed for helping cause the crisis by stirring up a lot however some analysts suggest this means they're doing a good job....
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back in pakistan and gave them a good plan to go straight to mission and then being in pakistan. next we got a business news was mitri stay with us. thanks very much merida ratings agencies like standard falls and movies have become the subject of a vicious attacks from politicians across europe russia is also unhappy with the system prime minister was in the police and says he wants the country to have its own ratings agency to get ratings but nick parsons from national australia bank says it will only be trusted if it's even tougher. the only way in which an ratings agency can build independent global credibility is if it's seen to be free of all pressure now the only way in which it can really be seen to be free of all pressure is to produce a lower ratings on the call news all the assets that it starts to consider rather than produce higher ratings after all if a new ratings agency whether it was in europe or whether it was in russia or whether it was anywhere else in the world if a new ratings agency we recklessly decided the in its opinion the rating was substantially highe
back in pakistan and gave them a good plan to go straight to mission and then being in pakistan. next we got a business news was mitri stay with us. thanks very much merida ratings agencies like standard falls and movies have become the subject of a vicious attacks from politicians across europe russia is also unhappy with the system prime minister was in the police and says he wants the country to have its own ratings agency to get ratings but nick parsons from national australia bank says it...
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in pakistan. time now for a visit date with me to go away. thanks marina burbank's to declare war on russia's castro society once companies and people to switch to electronic payment methods the bank claims the high portion of cash in the economy is halting growth causing the country to lose up to one point one percent of its christmas a problem but i'd suggest paying also reason pensions into bank accounts instead of handing over ruble bills that also wants the government of tax incentives for non-cash payments ratings agencies such as standard and poor's and moody's have become the subject of vicious attacks from politicians across europe the agency's claim to give an independent assessment of the credit worthiness of countries but they've been blamed for helping cause a crisis by stirring up the alarm however some analysts suggest this means they're doing a good job. the ratings agencies quite justifiably came in for a lot of criticism during the global financial crisis they were accused of being overoptimistic they were taking some fairly
in pakistan. time now for a visit date with me to go away. thanks marina burbank's to declare war on russia's castro society once companies and people to switch to electronic payment methods the bank claims the high portion of cash in the economy is halting growth causing the country to lose up to one point one percent of its christmas a problem but i'd suggest paying also reason pensions into bank accounts instead of handing over ruble bills that also wants the government of tax incentives for...
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in pakistan. the euro zone's building been dealt a fresh blow as ireland's debt is downgraded to junk status by credit rating agency muted moody's fueling concerns the country could need a second ballot out this week after portugal's rating was also reduced and post speculation that italy also might soon need a helping hand. for northwest england tells our team the latest developments prove the single currency union is simply not working. this was always about politics it was not about economics the idea that you could have economies in the mediterranean in line with economies like germany fast growing economies like germany was never going to wait the only way to get on to this mess is for those countries to go back home to their national potencies to devalue to get growth moving. into exports going in at the moment they can't use their debt because they couldn't see these are controlled by frankfurt they're controlled by the european central bank they're not controlled by athens or lisbon even t
in pakistan. the euro zone's building been dealt a fresh blow as ireland's debt is downgraded to junk status by credit rating agency muted moody's fueling concerns the country could need a second ballot out this week after portugal's rating was also reduced and post speculation that italy also might soon need a helping hand. for northwest england tells our team the latest developments prove the single currency union is simply not working. this was always about politics it was not about...
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who killed at least seven people and injured dozens overnight in the early hours of the morning in pakistan's largest city of karachi vehicles and car tires were on fire throughout the city the violence which has been raging for five days has already claimed at least ninety three lives it was sparked by the decision of the city's most powerful political party to leave the federal ruling coalition and join the opposition. a blast that has ripped through a mosque in the afghan city of kandahar during a service for the president's half brother who was assassinated earlier this week at least four people were killed among them a top cleric of the provincial council reports claim it was a suicide bomber the information has not been officially confirmed. israeli warplanes have bombed three smuggling tunnels along with another reportedly used by terrorists in northern and southern gaza the attack came in response to two rockets fired from gaza into southern israel which caused minor damage to a house palestinian medical officials claim that five civilians suffered slight injuries while the two were m
who killed at least seven people and injured dozens overnight in the early hours of the morning in pakistan's largest city of karachi vehicles and car tires were on fire throughout the city the violence which has been raging for five days has already claimed at least ninety three lives it was sparked by the decision of the city's most powerful political party to leave the federal ruling coalition and join the opposition. a blast that has ripped through a mosque in the afghan city of kandahar...
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gunfire has again brought pakistan's largest city of karachi has used the words there strive to contain an outbreak of violence that's quiet at least ninety three lives in just five days unrest is not uncommon in the port city where the population of eighteen million and is often provoked by nasa make religious or political tension the latest outburst was sparked by the decision of the city's most powerful political party to leave the federal ruling coalition and join the opposition. well brings us up to date here in r.t.e. and time for the business news with miter stay with us. thanks bank says it's ready to declare war on russia's cash driven society once companies and people to switch to electronic payment methods wranglings the high portion of cash in the colonies holding growth causing the country to lose up to one point one percent of its g.d.p. the bank suggests paying all salaries and pensions into bank accounts instead of handing over a ruble also wants the government to offer tax incentives when on cash payments. ratings agencies like because that and poor's and moody's are be
gunfire has again brought pakistan's largest city of karachi has used the words there strive to contain an outbreak of violence that's quiet at least ninety three lives in just five days unrest is not uncommon in the port city where the population of eighteen million and is often provoked by nasa make religious or political tension the latest outburst was sparked by the decision of the city's most powerful political party to leave the federal ruling coalition and join the opposition. well...
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Jul 14, 2011
07/11
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this is the scene in karachi, pakistan, today. [gunfire] jon: unidentified gunmen started firing leaving seven people dead, more than two dozen injured. groups of youths took to the street and started firing indiscriminately. more than a dozen vehicles and hundreds of tires were torched in various parts of the city. all this violence broke out after a senior provincial minister criticized a political rival on television news. >>> also in afghanistan a homicide bomber blew himself up inside a mosque during a memorial service for president hamid karzai's half brother. the blast killed five people, including the head of a council of clerics and a young child. the explosion wounded 15 others. the taliban claims responsibility but remains quiet on this mosque attack. karzai was a high-ranking official in kandahar's government, also considered one of the most powerful men in southern afghanistan. health let's well, a 6-year-old girl from illinois tees her way right into the record book by sinking a hole in one. reagan kennedy becoming t
this is the scene in karachi, pakistan, today. [gunfire] jon: unidentified gunmen started firing leaving seven people dead, more than two dozen injured. groups of youths took to the street and started firing indiscriminately. more than a dozen vehicles and hundreds of tires were torched in various parts of the city. all this violence broke out after a senior provincial minister criticized a political rival on television news. >>> also in afghanistan a homicide bomber blew himself up...
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Jul 14, 2011
07/11
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these the first attacks here since gunmen from pakistan laid siege to the city in 2008. the authorities were taken by surprise. nobody has claimed responsibility for the attacks, although security experts say a domestic group-- the indian mughadeen are prime suspects. few here can see the point of it. "what do we tell our children," said this man. "they think these adults are mad." why kill innocent people? tonight, security has been ramped up across the nation and the police now better trained and resourced than they were a few years ago, but there are no shortage of targets in a country of 1.2 billion. >> sreenivasan: mumbai is india's financial capital and home to its movie industry as well. u.s. stocks turned lower today after federal reserve chairman ben bernanke played down talk of new stimulus moves. he had said yesterday that the fed was ready to act, if the economy gets worse. today, he emphasized that he expects things to improve, albeit slowly. in response, the dow jones industrial average lost 54 points to close at 12,437. the nasdaq fell 34 points to close a
these the first attacks here since gunmen from pakistan laid siege to the city in 2008. the authorities were taken by surprise. nobody has claimed responsibility for the attacks, although security experts say a domestic group-- the indian mughadeen are prime suspects. few here can see the point of it. "what do we tell our children," said this man. "they think these adults are mad." why kill innocent people? tonight, security has been ramped up across the nation and the...